Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

6

Building size

3,962 sqft

Lot size

5,900 sqft

Year built

1962

Stories

2

Garage spaces

0

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

83

MLS #

242892729

About this property

Location! Location! An excellent opportunity to own this 6 unit apartment property in the heart of Korea Town.A minute walking distance to banks, shopping, restaurants and transportation. All 2 bedrooms 1 bathroom, clean and well maintenance,zoning LAR4. There are a total of 6 parking spaces at the rear of the property. No Soft Story Earthquake Seismic Retrofit needed. Potential for ADU and storage units . This prime property is centrally located in Koreantown. Many shopping establishments and public transportation are with in walking distance. With the opening of Metro's D Line Extension Section 1, this expansion makes it easier to travel between Mid-Wilshire, Miracle Mile, Koreatown, Downtown Los Angeles and the wider Metro system with faster, traffic-free trips. Riders now have direct access to museums, jobs, healthcare, shopping and neighborhood destinations along one of the region’s busiest corridors. Upon Completion of Extension # 3, riders have potential traffic-free trips from KoreanTown to Westwood/UCLA area. Don't miss this chance to invest in a property with a solid rental history and potential for growth. Whether you're a seasoned investor or a new entrant into the market, this 6-unit gem offers an excellent foundation for building your real estate portfolio. Seize this opportunity to become a part of this thriving community and secure a valuable asset in a prime location! Please do not disturb tenants, drive by only..

Location

978 S Ardmore Avenue

Los Angeles, Los Angeles, CA, 90006